Economy in Richmond, Virginia
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| Unemployment Rate | 8.60% | 8.60% |
| Recent Job Growth | -0.53% | 0.35% |
| Future Job Growth | 30.34% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.75% | 4.70% |
| Income per Cap. | $25,933 | $26,154 |
| Household Income | $40,324 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.80% | 12.37% |
| Income between 15K and 25K | 13.58% | 10.53% |
| Income between 25K and 35K | 12.63% | 10.88% |
| Income between 35K and 50K | 15.69% | 15.37% |
| Income between 50K and 75K | 17.89% | 20.14% |
| Income between 75K and 100K | 9.08% | 12.41% |
| Income between 100K and 150K | 7.68% | 11.27% |
| Income between 150K and 250K | 3.82% | 5.01% |
| Income between 250K and 500K | 1.68% | 1.86% |
| Income greater than 500K | 0.15% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.30% | 14.04% |
| Professional and Related Occupations | 23.81% | 20.61% |
| Service | 17.16% | 14.45% |
| Sales and Office | 26.85% | 26.75% |
| Farming, Fishing, and Forestry | 0.07% | 0.70% |
| Construction, Extraction, and Maintenance | 6.33% | 9.42% |
| Production, Transportation, and Material Moving | 11.48% | 14.05% |
The unemployment rate in Richmond, VA, is 8.60%, with job growth of -0.53%. Future job growth over the next ten years is predicted to be 30.34%.
Richmond, VA Taxes
Richmond, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Richmond, VA Income and Salaries
The income per capita is $25,933, which includes all adults and children. The median household income is $40,324.
Richmond Economy SperlingViews
re: Move to Richmond or deal with frigid Minnesota: Northern Virginia - Near... (read more)Move to Richmond or deal with frigid Minnesota?: I am considering moving to Richmond but I wondering about the job market there?? Also, I am considering going back to college. Does anyone have any good... (read more)Commute From Richmond To DC Now Much Better: There are tons of us commuting daily from Richmond (a great place to live) to the DC metro area (better paying jobs). Most of us have tried all the options to see which... (read more)Have an opinion about Richmond? Leave a commentTo See All SperlingViews for Richmond Click Here
Richmond General SperlingViews
Right wing conservative/snooty: Definitely not a "live and let live" area. If you are right wing conservative, self righteous, and have a need to be in your brother's business, move... (read more)Great place to raise a family: I grew up in Richmond and if you're looking for a place with good schools, low crime, low taxes, all 4 seasons - mild winter, low unemployment - this is a great place to... (read more)Richmond, VA - Affordable and Fun. : I've lived in Philadelphia, PA - Arlington, VA - Stamford, CT - Tampa, FL to name a few and absolutely love Richmond. Housing is very affordable, you can get to... (read more)Have an opinion about Richmond? Leave a commentTo See All SperlingViews for Richmond Click Here
